News Headlines Article

Delay in employer health mandate to cost taxpayers $12 billion
San Francisco Chronicle

The Obama administration’s decision to delay the so-called employer mandate required by the Affordable Care Act will cost taxpayers an extra $12 billion, according to a Congressional Budget Office report released Tuesday. The mandate originally required employers with more than 50 full-time (or equivalent) employees to offer them a minimum level of group health insurance by Jan 1., 2014 or pay a penalty in 2015. On July 2, the administration announced it would delay that requirement for one year, until Jan 1, 2015.